LEAD Girls of NC Inc (EIN 820984711) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Joy Nelson Thomas

Phone

3368935755

Tax Period

2023-01-01 to 2023-12-31

LEAD Girls of NC Inc, founded in 2015, is a small nonprofit in the Youth Development sector that reported $430K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $482K exceeded revenue, resulting in a 12% operating deficit.

Mission

To provide tools and resources that low income/at risk preteen girls must have to become productive citizens and active leaders in their communities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $418,576

Program Service Revenue $2,025

Investment Income $10,469

Other Revenue $-733

TOTAL REVENUE $430,337

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,863

Fundraising Expenses $51,931

Program Expenses $376,137

Other Expenses $266,326

TOTAL EXPENSES $482,189

Year-over-Year Comparison

	2023	2022	Change
Revenue	$430,337	$734,964	-0.4%
Expenses	$482,189	$365,936	+0.3%
Net Income	$-51,852	$369,028	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$80,071

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joy Nelson Thomas	Executive Director	040.00	Officer	$77,841	$2,230	$80,071
Katina Little	Vice Chair	001.00	Officer Director	$0	$0	$0
Caitlin Browne	Treasurer	001.00	Officer Director	$0	$0	$0
Amanda Hughes	Chair	001.00	Officer Director	$0	$0	$0
Chelsea Barnes	Secretary	001.00	Officer Director	$0	$0	$0
Shana Folk	Director	001.00	Director	$0	$0	$0
Angela Monell	Director	001.00	Director	$0	$0	$0
Fanetta Bryant Jones	Director	001.00	Director	$0	$0	$0
Tahja Gaymon	Director	001.00	Director	$0	$0	$0
Dr Angela Monell	Director	001.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$430,337	$482,189	$521,911	$-51,852
2022	$734,964	$365,936	$558,134	$369,028
2021	$390,240	$278,266	$182,658	$111,974

LEAD Girls of NC Inc